The Off‐Farm Labor Supply of Farmers
构建理论和实证模型，利用1971年伊利诺伊州农民调查数据，分析兼业工资、劳动参与和工作时间，发现兼业工作对经济激励敏感：兼业工资提高10%，兼业工作时间增加11%。
Abstract Theoretical and empirical models are developed to examine the off‐farm wages, labor force participation, and hours of work of farmers. Econometric estimates use data from a 1971 survey of Illinois farmers. The off‐farm wage depends on farmer human capital and the local labor market. The major result confirms the. sensitivity of off‐farm work to economic incentives. A 10% increase in the off‐farm wage entails an 11% increase in hours of off‐farm work holding farm characteristics constant. Results also indicate effects of seasonality, risk, and life cycle factors on off‐farm work.